by Lawrence Hunter, Ph.D.
In the latest installment of the long-running serial “Super Rich Guy Calls for Higher Taxes,” hedge fund billionaire Tom Steyer recently made a $20 million donation to an initiative to raise California’s corporate tax rate.
Steyer thinks businesses aren’t paying enough into the state’s coffers.
This initiative is one of myriad proposals at the state and federal levels for higher taxes on business income. And they